Safaricom rolls out M-Pesa overdraft facility to all its users

Safaricom had 24,206,341 active subscriptions on its M-Pesa platform at the end of September. FILE PHOTO | NMG

M-Pesa users can now send money or pay for goods and services when they have insufficient balance in their accounts after Safaricom #ticker:SCOM rolled out Fuliza to all subscribers on its mobile money platform over the weekend.

Rollout of the overdraft facility to the firm’s 24. 2 million M-Pesa users follows a successful pilot programme in November last year.

PAYE Tax Calculator

Note: The results are not exact but very close to the actual.